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29 October 2018

Financial Times: UK has rolled over only 14 of 236 EU international treaties


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The UK has managed to “roll over”only 14 of the 236 international treaties that the EU has signed with countries around the world, raising fresh concern of disruption if Britain crashes out the bloc without a deal.


With just five months to go to Brexit, the UK is under mounting pressure to replicate agreements that the EU has with 168 countries, so that Britain can retain rights that it currently has with these nations as a result of being a member of the bloc. Last week, Whitehall officials were given data showing that only a fraction of the 236 treaties that the EU has with countries outside the bloc have been successfully copied by the UK into new mini-arrangements with the relevant nations. Britain needs to roll over about 40 free trade agreements that the EU has with countries including Canada, Japan, South Korea and Mexico. The 236 treaties also cover important agreements well beyond trade — relating to airlines’ take-off and landing rights at overseas airports, as well as industries such as financial services, fisheries and nuclear. [...]

Full article on Financial Times (subscription required)



© Financial Times


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